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Search Results 0 to 29 of about 30 (some duplicates have been removed)
tim geithner. that is president obama's lead negotiator in the fiscal cliff talks. it's all happening tomorrow on fox news sunday. check your local listings for the time and channel in your area. >> rick: speak of the president, we could soon be learning who he wants to have serve in his administration in his second term. source telling fox news, a slate of nominations could be coming this month and that would likely include a replacement for the defense secretary, leon panetta, and if that does happen, it will come a little sooner than a lot of people had expected. the short list reportedly includes former republican senator chuck hagel, deputy defense secretary ashton carter, michelle floroni, a top official and democratic senator john kerry >> arthel: a reported murder-suicide rocking the nfl today. police say kansas city chiefs linebacker gentleman von belcher shot and killed his girlfriend this morning. he than drove to arrowhead stadium where he killed himself in front of his coach and general manager. elizabeth prann live from atlanta with more on this very sad story. elizabeth
$800 billion in tax revenue in the fiscal cliff negotiations. president obama has said there will be no deal unless taxes are raised on the wealthiest americ americans. but staunch conservatives don't want any kind of new taxes. that's where speaker boehner's job gets really tough. on piers morgan tonight newt gingrich said if all else fails, go over the cliff. >> i think that no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two years to an even bigger cliff. i think that the president clearly has staked out a position of nonseriousness. and i think that it's very difficult for the house republicans right now to find any practical way to get his attention. so, he just won an election. he is feeling very good about himself. he is posturing brilliantly, putting the republicans in a corner. they need to relax. they don't have an election until november 2014. >> senior congressional correspondent dana bash joins me now. dana, can we expect fire woworkt the meeting this morning? >> reporter: possibly
of negotiating a tax cut, and president obama gets to negotiate a tax cut with republicans, a lot more fun and easier to do than tax increases. i don't know they get more leverage in the new year with the possible exception that the fact that, you know, the debt ceiling will loom again, hitting that debt ceiling giving republicans some leverage down the road, but in the short term, you're right, the leverage goes more to president obama right now. >> i have fiscal cliff fatigue. thank you very much. >> sure. tracy: we all do, dennis, but we have to talk about it because congress has to deal with it. we have a new gallup poll showing 5 # 4% of the voters rate the honesty of members of congress below that of used car salesmen. dianne black of tennessee joins us from the home state to hear what the constituents are telling her. what are con constituents sayin? >> well, you know, i'm hearing -oth from my individual constituents and business owners they are really concerned about the spending problem in washington. that's not really talked about. there's a lot of focus on the other side, but th
counter punch? >> absolutely. one of the reasons president obama's come into these negotiations from what he believes is a position of strength is because he's looking at polls that show that the majority of americans will blame a gop-held house of representatives if we do indeed go off a fiscal cliff. so he's coming into this with basically a list of demands without making any concessions. >> he'll be blamed historically. if he has a second recession on his watch, the history will be written that he presided over two recessions. that's why i refer to him as herbert hoover. [ overlapping speakers ] >> he can't play that game. he can bluff but he can't play that game. >> it's not a bluff. this is not a bluff. >> you think he would take a second recession? >> well, a second recession? >> if all the tax cuts are repealed. all of them. we're going into recession. that's why the congressional budget office said. you think he would risk a second recession that would destroy his second term? >> i think he understands the law of the land today is that everybody gets a tax increase. he's trying to
of democrats on the hill felt that in the past president obama has negotiated with himself rather than forced the republicans to come forward with their own deal, and republicans have yet to come forward with a deal. martha: that's a fair point. >> what the president's staff said yesterday, was, you know the president has already had a trillion dollars in cuts made under his terms. he wants to see from the republicans if they are willing to do something significant in terms of those revenue increases. we had the broad outlines of a possible deal, because what speaker of the house john boehner said he wants in the neighborhood of 400 billion. obama is asking for 1.6 trillion. you can see somewhere in the middle as a possible negotiating or compromise point. >> we should remind everybody the president has been talking about entitlement reform for four years. "the washington post" reminded them this might ab good time to lead because you're the president. martha: it feels like there is a real opportunity here for some history-making leadership and we'll see if we get it. thank you so much. mary
of negotiations are obama felt like he moved to the middle too early. he didn't really get that much out of it. he's drawing a line pretty far out to the edge there. you know, there are also conversations happening back and forth that don't always reflect everything in public. a lot of what we see right now is jockeying for advantage in the media and battle of public opinion. people getting public opinion leverage. that white house offer was part of that as well. >> michael crowley, talk about big man moves. i had you as a shooting guard and stay outside and not get caught in the fray. >> what are you saying, toure? >> nothing at all. sports talk. thank you, michael crowley. >> thank you so much. >> if you liked 2012 you'll love 2016. i've said it all along, and i have more evidence hillary clinton will be the next president of the united states. we're spinning on that as "the cycle" rolls on for monday, december 3rd. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you h
. this is all about politics, nothing about economics. >> bret: this is a different president obama than in the debt ceiling negotiations. last time around. they are clearly signals that they have the stronger hand. and they are not -- it doesn't even seem like they are getting to a room. >> yeah. >> bret: to negotiate. >> they feel like they have the stronger hand because he won re-election an every pole shows most americans are fine with the tax rates going up on people making more than $250,000. so they feel like they have that on their side. what they also have on their side the president you can't forget did give in on this issue twice. in the last time he gave in on it he said never again. so that is what is hanging over him. he has his base looking at him saying you gave in on this two times. it's now time to live up to your word. so he is kind of boxed in, in a way politically as well that he has to give this. i agree with charles. you can get the money a different way. i don't think they are going to compromise on that. >> bret: is the base just looking for the scalp of the rate
tonight in the fiscal cliff negotiations. republicans are pushing back hard. against president obama and the democrats over what will be in whatever deal they craft to avoid the implementation of the automatic spending cuths and tax increases. chief white house correspondent ed henry is live with details. good evening, ed. >> tonight we have new details of exactly what treasury secretary geithner laid out to republicans in the big meeting earlier today is. the republican aides tell mike emanuel there was a lot of detail about the new tax increases. $1.6 trillion in new tax increases from the new rate, capital gain, dividends as well. new spending, starting with $50 billion next year. the white house is countering that is leftover stuff from the president american jobs act. not really spending. nonetheless, the republican aides on the hill saying this is a nonstarter to them. white house aide i just spoke to said that this is not new. this is the president's original budget framework going to september of 2011. they say inside the white house tonight the real problem is the republican
it for president obama because they want the negotiations to found. howard dean said this is the best deal progressive democrats are going to get. if the fiscal cliff and the deal and what happens if we go off of the cliff. it really is a dnplatform. higher taxs and defense spending and isn't that what their platform said. they want to go off of the fiscal cliff. then negotiations fail president obama will not get blamed. it is someone else. >> gretchen: marjorie that sounds right other than the middle class getting hit with a tax hike isn't everything that ron just part of the dnc. >> it is it a big issue. president obama and really american people don't want to see middle class americans pay additional 2000 in taxes n which is what will happen in addition to cuts to programs . we want to cut and the american people want to see cut. there is it a few things. first more americans would blame the republicans and not president obama if we went off of the fiscal cliff. that is a motivation. >> brian: yeah. >> gretchen: ron, why do they feel that way? >> brian:ip totally agree with you. lookin
: republicans say it's clear to them that president obama is not serious about negotiating. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 8:17. we asked some people in the bay area whether they think the president and congress will reach an agreement on the fiscal cliff by the end of the year. >> they both have this position that they are not willing to back down from. i don't think they will reach it. >> i'm hoping and praying that they do come together. >> i think this is all kind of a shadow dance that's going on and i'm not sure exactly what's going on in the background. but i think the whole fiscal cliff is wildly exaggerated. >> a pew washington post poll shows more americans think the president and congress will not come to an agreement on how to avoid the fiscal cliff by the end of the year. 49% to 40%. >>> although the nhl season is still on ice, hockey will return to the hp pavilion in san jose. that's because the minor league will play a game december 17th there. they will take on the stockton thunder. the sharks say their season ticketholders can recei
obama is refusing to budge in those fiscal cliff negotiations. >>> right now 5:07. we want to check back in with tara who is in for sal. definitely wet roads out there. >> reporter: we do have an accident to report. this is a big rig verses a small pickup truck and an ambulance is on the way. we understand there are injuries involved. here it is right here. 880 northbound near the grand avenue exit. we had somebody needs an ambulance basically. we are keeping an eye on it. all right. up next we will take a live look at 280 in san jose. you can see traffic is actually flowing nicely in both directions. and it's 5:08 let's check in with steve. >> thank you tara. >>> our system is finally moving. this is the last one. it cannot hold a candle to the three that came in before. i will show you rain totals in a second. light rain, drizzle, fog, cloudy. once in awhile moderate rain falls. our system the most amounts were left in the north bay. quarter to an inch of rain. lighter amounts will be south. might get little enhancement. there is not much of a breeze. kind of like a gray showery patter
? >> it is interesting if you look at the negotiations that president obama offered this massive tax increase with no concessions and this sort of outrageous request on the debt limit which was a really aggressive first offer. and then the republican s countered with a moderate reasonable plan exactly modeled after a proposal by erskine bowles. so if you're trying to handicap the negotiations, you'd have to concede that dana is on to something. >> really. so -- >> at least like the starting point. so basically the starting point for the republicans is what president obama probably would have viewed as a victory if they had the negotiation. >> yeah, he wanted another 400 supposed supposedly. how does simpson-bowles get to -- how does it raise revenue? what's the number that it raises? >> well, it depends because they have a bunch of different simpson-bowles plans. like in the bowles-simpson report, there are three different tax plans and then the thing that the republicans modeled after was something that bowles said in a hearing. >> it's interesting when you look at what these plans are laid
made a real legacy that said i accept the debt deal that obama and i are negotiating which is essentially his opening offer now? wouldn't that have been the legacy that he could have rested his hat on? >> it would have been interesting. he essentially attempted to be a representative of his caucus rather than a leader of his caucus. >> exactly. >> it would have been interesting. i think he could have either been a great leader or burned and gone -- been taken down. it was a 50/50 proposition. >> all right. matt lewis, thank you so much. >> thank you, matt. >> fascinating. incredible read, "herding cats." >>> still ahead -- it's just cruel. i felt bat readid reading it. you know where i stand. >> cures cancer. >> let's see. >> okay. >>> coming up, we're going to bring in republican congressman tom cole who broke ranks with his party over the tax debate last week. can't wait to talk to him and get his insights. also, we'll be talking foreign policy with national security adviser dr. brzezinski. keep it right here on "morning joe." music is a universal language. but when i was
the way obama started here at all. i mean, there were two ways to start the negotiations. one was did you ever see into guys like haggle over something and one guy says a dollar and the other guy says 1,000. and that's where they seem to have started. he could have started at 500 and then the republicans could have said maybe 100. but he started this thing, he put his foot forward like you know what, i'm willing to play this to the bitter end. this wasn't a thing that said let's get it done quickly. he sent geithner over. he used geithner's political capital which i think was a mistake for geithner. >> he's leaving. >> but it's like using -- >> going back to goldman. >> where he started. >> where he cut his teeth. >> like using a pitcher because you don't care about his arm at the end of the season. so you threw him out there and you send him over with -- and you also let the republicans characterize the plan. which from a pr standpoint i don't think was that smart. so i think they blew that one. but ultimately it strikes knee obama did not suggest, you know whark what, i want to get it d
discuss a little -- the latest with the fiscal cliff negotiations. republicans and joined obama to extend the bush era tax rates. first time university law professor looked at the history of the alternative minimum task -- tax. cluster e-mails, phone calls and tweets. tuesday at 7:00 a.m. eastern on c-span. more about the tax loopholes and deductions that could be involved in negotiations over the fiscal cliff. from our special washington journal series, this is 50 mins. >> we turn our attention today to deductions and tax -- tax loopholes. joining us to talk about this is john mckennan, thank you for being here. what are loopholes and deductions? we hear those words a lot. guest: loopholes or tax breaks of all different sorts. whether you like a particular loophole or not depends on where you sit. there are lots of loopholes that are deductions. deductions are the ones most people are familiar with. the big itemize deductions are things like a home mortgage interest deduction. there is one for state and local taxes that is very important. the deduction for charitable contributions. then
obama holds the high cards and the public is likely to blame republicans if negotiations blow up and the new year begins with a fiscal disaster. the facts didn't stop speaker boehner from claiming the white house is holding up negotiations. >> majority leader and i just had a meeting with the treasury secretary. it was frank, and it was direct. i was hopeful we'd see a specific plan for cutting spending. >> the treasury secretary's proposal seems pretty specific. it even includes $400 billion in specific cuts. but john boehner sees something different. >> we know what the menu is. what we don't know is what the white house is willing to do to get serious about solving our debt crisis. >> so what is this all about? i mean, i guess john boehner has his own definition of specifics. according to the john boehner dictionary, specifics means, having all the attributes john boehner agrees with and nothing he doesn't like. keep in mind, this is the same boehner who said $38 billion in cuts was the largest real dollar spending cut in american history. when boehner got those cuts last year
negotiations appear to be going nowhere. today president obama will meet with members of the business round table. plus, on the economic calendar, the november adp report on employment is due at 8:15 eastern. u.s. equity futures at this hour are indicated higher. not much happened yesterday. it's wednesday, december 5th, 2012, and "squawk box" begins right now.
, and then on everybody else. >> it does feel like there is some negotiating going on behind the scenes here. we are told that president obama and speaker john boehner on the republican side of the capitol had a conference call yesterday about 20, 28 minutes in length. we don't know what was said. that's probably a good sign they are not leaking the contents of that call. that's a sign that there is some negotiation going on. something is happening behind the scenes but we just don't know what it is right now. back to you. >> eamon javers, thank you very much. >>> what can be done to break the stalemate in washington? representative jack kingston is a republican from georgia, member of the house appropriations committee. welcome, congressman. good to have you with us. >> thank you, tyler. >> we had the images yesterday of congress leaving for a long weekend. i have to say that it struck an awful lot of us as very poor sort of pr, very bad optics, if you want to use that term. you're still there in washington. why? and what do you think about the fact that congress went home? >> well, i'm actually doing s
of this negotiation. >> eamon javers, thank you. >>> john harwood has the latest on mr. obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a catastrophic standoff in mid 2011 that caused the downgrade in u.s. credit. president said he's simply not going to negotiate in the negotiating process that results in the same kind of stand-off. here is the president. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation? which, by the way, we have never done in our history until we did it last year. i will not play that game because we've got to break that habit bef
, they are flying even if the actual negotiations are at a stand still. president obama says republicans, they're the ones that need to take the next step here. republicans say no way, ball's in your court, mr. president. >> we can probably solve this in about a week. it is not that tough. >> now we need a response from the white house. we can't sit here and negotiate with ourselves. now, the revenues we're put on the table are going to come from, guess who, the rich. >> if we can get the leadership on the republican side to take that framework, take knowledge of that reality, then the numbers actually aren't that far apart. >> where are the specifics, where are the discussions? nothing is going on. >> passing middle income tax cut means the end of holding them hostage from tax cuts for the middle -- for the rich. >> i think the next 72 hours are critical. if he sits back and continues to play politics, that will give your answer of where we're going. this is an opportunity for this country to lead. this s this is an opportunity for the president to lead. >> debt ceiling, let's go to the white
where it comes from. barack obama has been specific in his plan and look both sides have their plans and there's going to be negotiation, will probably end up somewhere in between. i don't understand why we can't raise tax rates on the top 1% of people if we're going to get to a balanced plan. why should the middle class pay more when we have people at the top who can pay more. >> okay. your experience as cbo director and elsewhere. the argument is being made that capping deductions whatever 25,000, 50,000, is that where the itemized deductions are, it's the upper end people who will pay for that, and that produces revenues without damaging the economic incentives, the economic growth effect of tax rate incentives. now i want to ask you, objectively, is it possible that it will affect the upper end income people without affecting the tax rate. >> you can get there. the president's budget has $600 billion raised that way. what's frustrating about this is the republicans could have gone back with a specified plan. they knew that was a nonstarter. they did what the president asked. they
obama and speaker boehner spoke on the phone yesterday for the first time in days. both men agreed not to publicly characterize how the conversation went. but the stalemate in negotiations entered new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans -- remember, it's only 2%. the size of the problem in some sense is so large, it can't be solved without rates going up as part of that. again, i think there's broad recognition of that reality now. >> one fallback option republicans are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next year. yesterday at a business roundtable of ceos, president obama took a
for that and these negotiations that take place. >> so democrats want credit for cutting a billion dollars when -- >> he meant a trillion dollars. >> and obama has put together a deal that proposes more spending, 400 billion in unspecified cuts that will be named later apparently. i thought the president wanted a balanced package. what's balanced about 4:1 tax hikes to spending cuts? >> well, first let me say harry misspoke. he meant that they've already done a trillion dollars in cuts in the last resolution and those play out over the next ten years. and that's correct. that's a fact. and the president has said consistently both on the campaign trail and after the election that he's for something on the lines of simpson-bowles which is at least 2.5:1 spending cuts to taxes. and i think he laid out the 400 and then said to the republicans you bring me other cuts and i'll consider them. and i think he understands that there will be significantly more spending cuts including on entitlements than there are taxes. >> so this is an opening point. >> an opening gambit as chris ten wel kristen welker said. the presi
the president's plan. i've done enough negotiations in business to understand who is negotiating in good faith wlorks is moving the goal posts. i think it's time right now for president obama to show the american people his full balanced plan. we haven't seen it. democrats haven't passed a budget in over three years. there's not one democrat that has voted for a plan yet. until republicans see the plan from the president, from democrats, it's very difficult for us to be compromising if anything. right now we're just negotiating with ourselves. that's really a pretty bad negotiating strategy. we should stop doing that, we should be talking about not playing brinkmanship. what we should do is extend all the current rates permanently. that would return certainty to the economy. it would restore confidence. and that's probably the biggest thing we need to do to grow our economy. let's quit having these fiscal cliffs. and let's not be threatening government shut downs. let's sit down in a good faith effort and that's what president obama is not doing. he's back on the campaign trail which will is u
that would make any future negotiations whether in a day, week or five years, even more difficult. that poses an issue or problem for obama administration. all of this in front of a world or at least 138 countries that were looking at this. they are saying get your act together. more left or right wing, disinterested fatigued world that no longer cares about the israeli-palestinian issue leaves the issue as the devices of the israelis and palestinians. that hasn't yielded any results. >> shannon: pinkus thank you for your time today. >> thank you. some thought the fight over healthcare was over but not so fast. supreme court breathes life to challenge of the healthcare law. that is coming up. arizona governor jan brewer facing another lawsuit. we will tell you who is suing and why next. [ whistle blows ] hi victor! mom? i know you got to go in a minute but this is a real quick me, that's perfect for two! campbell's chunky beef with country vegetables, poured over rice! [ male announcer ] campbell's chunky soup. it fills you up right. but i'm still stubbed up. [ male announcer ] truth is, nyqu
not happening right now and negotiations so not happening that congress -- members of congress went home last night. president obama very much on the case, went out yesterday morning to meet with members of the business roundtable and he told members of the roundtable first of all that they -- there's absolutely part of the equation has to be raising rates on the top 2% of americans. without that there won't be any deal. president obama with the business roundtable. >> any formula that says we can't increase tax rates probably only yields about $300 to $400 billion realistically. that's well short of the amount of revenue that's needed for a balanced package. >> bill: just won't cut it. the president said. he also appeared yesterday morning on tom joyner's radio show. and said if you want a deal, if you want a compromise, there's only one way to get there and that's the one thing missing if republicans will agree that tax rates will not -- will not -- the tax cuts will not continue for the top 2%. he said we've got a dea
: or raise the thres hold. >> gretchen: why would the president be in a negotiating position . he won reelection . >> steve: this is behind the scenes. >> brian: leverage we can go back to recession. you cannot blame george bush because he is in dallas. here is president obama yesterday and you heard from charles krauthammer. >> familis and small businesses can enjoy peace of mind heading in christmas and heading in the new year and it would give us more time than next year to work together on a comprehensive plan to bring down our deficits and stream line tax. including asking the wealthiest americans to pay more for education and train science and research. >> any republican who buys this is a fool. republicans have stood for one thing statistically that held them. they are the low tax party. the other guys want to tax to match their reckless spending. if they give it up now in return for nothing, obama wins and high wins big. i understand why the democrats are doing this. they imagine that republicans have no bargaining power today . i say that it is true if republicans resist they
committee, if the white house's last lame duck had negotiated raising the debt ceiling as part of their overall strategy because basically, they traded a payroll tax cut for the bush-era tax cuts unbelievable for democrats >> bill: i am totally convinced president obama will never, never, never extend the tax cuts for the wealthiest americans again. >> he did it before. >> not this time. not this time. meredith shiner, always good to have you in the studio. >> great to be here, you guys. >> meredith >> bill: follow her at rolecale rolecale.com or on twitter twitter @meredithshiner. we will be back. i will be back with a quick parting shot for today. >> this is bill press show, live on your radio and on current tv. tell them it's like being nestled [ music ] surrounded by a 500-watt sound system while floating on a suspension made of billowy clouds. or you could just hand them your keys. ♪ ♪ ♪ ♪ then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is that? so weird
the phone conversation with obama was a little more terse. we went from being down 100 to up 100. we haven't had that kind of swing in over a year. we are laser focused on d.c. and those negotiations as usual. >> brian brings up 2.7 number, steve rattner. i guess you look at the numbers and you compare them to where we were at points in the '80s, the '90s, even 2004, 2005. it may not look good. compare that number to the rest of the world, suddenly the u.s. economy is looking pretty damn good by comparison to other countries. >> it actually feels like the economy is gathering steam. these kind of revisions help you feel that way. sandy is an aberration in the unemployment numbers as brian said. essentially we look at housing, consumer spending. the economy is on a pretty good track. the question is whether we go over the cliff at the end. >> joe, i just will say, there's kind of an underlying sense that if we get the right deal -- and i think all of us sort of know what that includes, that we are kind of spring-loaded for serious growth. the consumers have already spoken in terms of holida
Search Results 0 to 29 of about 30 (some duplicates have been removed)